Link Copied
  • Key Facts
  • Description
  • Map

Key Facts

Type Quadruplex
Levels Residential Income
Size 2156 sqft
Garage No
Taxes $10,957
Days Active 332
Lot Size 
Approx. Age 1950
Avg. Price Per Sqft $440
MLS® Number S5112294

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Exceptional investment opportunity in St. Pete Beach. Renovations to the two first-floor apartments have been completed and inspected by the City of St. Pete Beach, including new bathrooms, cabinets, two new electrical panels, complete rewiring, all-new outlets, new appliances, and more. All work has been performed and guaranteed by licensed contractors. The owner is willing to assist with buyer closing costs. Located in one of the nation’s most celebrated beach destinations—renowned for its soft, powdery sand and serene, crystal-clear waters—this exceptional, fully furnished, multi-unit property presents a rare investment opportunity with both immediate income and long-term value. This well-maintained fourplex features four distinct units within a single, solid-block building, offering significant savings on insurance costs. Each apartment has its own electric meter, ensuring tenant autonomy and simplifying property management. The sprinkler system is fully operational, reflecting the high maintenance standards upheld by the current owners, who have resided on-site for many years. The property includes three 1-bedroom, 1-bathroom units—two currently rented short-term and one occupied by a long-term tenant for over 10 years—and one 2-bedroom, 1-bathroom unit currently used as the owner’s private residence. Average rental income is approximately $1, 800 month for a 1-bedroom and $2, 400 for a 2-bedroom. There is also potential for a fifth apartment in the garage, which already has two drains in place for a bathroom and kitchen, offering an additional revenue stream. This is a turnkey investment in a premier St. Pete Beach location, ideal for capitalizing on one of Florida’s most sought-after coastal markets. Don’t miss this chance to acquire a high-quality, income-generating property in a prime beachside setting. The seller is motivated and open to working with serious buyers to ensure a smooth and successful transaction.Show Description
MLS® NumberS5112294
Laundry LevelLaundry Room
Central VacNo
FireplaceNo
Acreage0.12
ExteriorRain Gutters, Sidewalk, Storage
GarageNo
Approx. Age1950
Basement
Driveway
Garage Spaces
HeatCentral, Electric, Ductless
A/CCentral Air, Wall/Window Unit(s)
Heating Fuel

Extras

Similar Listings

Like what you see?

Complete the form and we'll be in touch. No login necessary.

Add a Comment

Get notified of price or status changes by saving this listing